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US LCCs Allegiant and AirTran fare well on Friday, but Southwest still out of favour.

Analysis

US markets. US shares gained a little traction on 12-Dec-08, on speculation the US government will boost spending on technology and on revived hopes of an auto industry bailout. The Dow Jones Industrial Average rose 64.59 points (+0.8%), to 8,629.68, the Nasdaq climbed 17.27 (+1.46%) to 1200.74, while the Standard & Poor's 500 index rose 2.9 points (+0.69%) to 425.22.

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